Xin Lang Cai Jing·2025-12-28 02:08Core Viewpoint - The intelligent driving industry is entering a commercialized era, with the approval of L3-level autonomous driving marking a shift from technical validation to commercial application, enhancing expectations for policy, industry, and performance transmission [1] Industry Developments - Recent key policy breakthroughs and industry advancements in intelligent driving include the approval of China's first L3-level autonomous driving vehicles and Tesla's initiation of unmanned Robotaxi road tests, indicating a transition to large-scale application [1] - The intelligent driving sector is becoming a core engine for the transformation and upgrading of the automotive industry, fostering a collaborative ecosystem across the entire industry chain [1] Market Performance - In the secondary market, Zhejiang Shibao, focusing on steer-by-wire technology, recorded a maximum increase of 96.8% within the month, while Wanji Technology, focusing on lidar technology, saw a maximum increase of 52.7% [1] Company Insights - Wanji Technology: The company’s 128-line lidar has received approval from a major passenger vehicle manufacturer, and its 192-line lidar has passed validation from multiple mainstream automakers. The lidar products are being applied in leading commercial vehicles like Robobus [8] - Zhejiang Shibao: As a leader in electric power steering systems, the company has established long-term partnerships with several domestic traditional and new energy vehicle manufacturers, indicating a robust order book and normal operations [6][7] - Bertley: A leader in the automotive brake sector, the company holds a 12.59% market share in electronic parking brake systems in China and has received awards for its innovative small-diameter caliper technology, which enhances vehicle performance [7] - Yongxin Optical: The company specializes in lidar optical components and is expected to ship nearly one million units by the first half of 2025, with strong partnerships with leading lidar manufacturers [8]